Jul 30th, 2014 · Comments Off on MES In Lifesciences Industry: A Paradigm Shift From Traditional Markets To New Revenue Generating Markets

The total revenue of MES Market for life sciences industry was $746.77 million in 2013 and is expected to grow to $1,488.40 million in 2020, at an estimated CAGR of 10.53% from 2014 to 2020. The pharmaceutical and biotechnology sectors are the major drivers to the MES market for life sciences industry. Major system integrators are currently on an acquisition spree to provide complete set of solutions...

The manufacturing execution system or MES helps the manufacturing decision makers to learn about the current conditions of the plan floor by providing real-time data related to a multitude of components of the production process. In modern times, they have become vital for the key decision makers of the enterprises. Changing role of the information technology in the organizations has created scope...